Yiwu Market Guide 2021

yiwu market

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Yiwu is a purchasing paradise

Yiwu City is located in the central part of Zhejiang Province, China, and is one of the most economically developed county-level cities in China. Today, Yiwu has become the world’s largest small commodity distribution center, bringing together thousands of well-known domestic and foreign companies to set up general distributors and general agents here. More than 1,000 companies in more than 50 countries and regions including the United States, Germany, South Korea, Japan, France, Brazil, and the Middle East have set up branches in Yiwu, and Yiwu’s products are exported to 212 countries and regions. Yiwu market is known as “the world’s largest small commodity wholesale market”. Yiwu Commodities Fair has become the third-largest trade fair in China after the Canton Fair and the China Fair.

Many people in the world have already made a fortune by purchasing in Yiwu. If Hong Kong is a “shopping paradise” for all consumers, then the Yiwu market is a “shopping paradise” for buyers, because there is nothing you can’t purchase there, and there are cheap sources of goods. If you are a newcomer and don’t know the market conditions in China, don’t worry, the Yiwu sourcing agent will help you solve all the problems. Let’s first understand what the treasures of Yiwu International Trade City have!

Yiwu Market

Yiwu International Trade City

Yiwu International Trade City is the world’s largest commodity procurement center, with a construction area of  340,000 square meters. It is divided into five regions in total. An interesting saying in Yiwu Market is that if you visit Yiwu Market by yourself and stay at each stall for 1 minute, based on the 8-hour working hours per day, you will need to visit all the nearly 70,000 stalls in Yiwu International Trade City. It took about 145 days, which is almost half a year.

此图片的alt属性为空;文件名为Yiwu-market2-696x1024.png

District 1: Flowers and toys on the first floor;

Headwear and jewelry on the second floor;

The third floor operates Holiday Gifts, decoration crafts, tourism crafts, porcelain, crystal photo frame, jewelry accessories;

On the fourth floor, a direct sales center for small and medium-sized production companies and a Taiwanese business hall were opened, and the East Shop was a procurement service center for foreign trade companies. Taiwanese Chamber of Commerce (flowers, handicrafts) production enterprises (jewelry, handicrafts)

District 2: operating luggage, umbrellas, rain poncho bags on the first floor;

The second-floor deals with hardware tool accessories, electrical products, locks, and cars;

The third-floor deals in hardware kitchens and bathrooms, small household appliances, telecommunications equipment, electronic instruments, clocks, etc.;

Set up a foreign trade procurement service center on the fifth floor;

On the fourth floor, there are direct sales centers for production companies and boutique trading areas such as Hong Kong Pavilion, Korean Business Pavilion, Sichuan Pavilion, Anhui Pavilion, Jiangxi Jiujiang Pavilion, Xinjiang Hotan Pavilion, etc.;

District 3: There is stationery on the first floor, such as pens and pencils, ink, glasses, wall calendars, and couplets.

On the second floor, there are entertainment and leisure goods, sporting goods, and office supplies.

On the third floor, there are combs and mirrors, zippers and buttons, cosmetics, and clothing.

The fourth floor is a factory outlet store for beauty and cosmetics, clothing, and other sportswear accessories.

There are decorative paintings, decorative painting accessories, and processing machinery on the fifth floor

District 4: Hosiery and leggings on the first floor;

Daily necessities, gloves, hats, knitting, and knitting on the second floor;

The third-floor deals in shoes, thread belts, laces, ties, woolen threads, and towels;

Bras, underwear wholesale, belts, scarves on the fourth floor

The fifth floor is a tourist shopping center, bras, underwear, shoes, daily necessities, decorative painting accessories/machinery, painting hats, and scarves

Other imported goods

District 5: First Floor: Imported Foods, Health Products, Imported Clothing, Department Stores, Imported Handicrafts, Africa Exhibition Center

Second floor: bedding, wedding supplies, hair products, pet (aquatic) supplies

Third floor: curtain fabric, knitted fabric, knitted fabric, wedding supplies, hotel supplies

Fourth floor: distribution of small commodities for auto accessories, auto, and motorcycle accessories

Fifth floor: Internet business services

If there are goods you want to import in the International Trade City, you must have a warehouse to store your goods before shipping them from China. Next, let’s take a look at the Yiwu warehouse on a huge scale.

Yiwu Warehouse

Yiwu Warehouse is located in Yiwu City, Zhejiang Province, China. Mainly provide goods receipt, storage, maintenance, goods monitoring, goods shipment, order fulfillment, inventory control, cross-docking, and picking services. Different from warehouses in other countries, Yiwu warehouse has its own unique advantages.

Yiwu warehouse can not only store your goods centrally but also help you improve product processing. Yiwu warehouse has additional storage space, and the warehouse management is also very good. The warehouse also implements a special risk management mechanism to ensure the safety of personnel and goods. In addition to basic distribution services, Yiwu warehouse also provides special packaging to reduce the risk of damage to goods during transportation.

How to buy from Yiwu market

1. First of all, you must be familiar with the Chinese environment, follow the local customs, and have a certain understanding of the local culture of China and Yiwu. In addition to language and communication methods, it is also essential to experience Chinese food culture. Plan you’re itinerary and arrange the hotel. Oh, don’t forget to bring the map. Don’t worry if you don’t have a map. The Chinese people are hospitable and they will show you the way.

2. Prepare budget, money, and time. The Yiwu market has a dazzling array of goods. You will be shocked by his scale. Go slowly and look at it slowly. I suggest you stay here for at least two months. In addition, I want to remind you that it is best to prepare currency funds acceptable to traders. Most shops and suppliers only accept RMB. The renminbi is the safest and most reliable and can help you process transactions.

3. Find a reliable agent. A trustworthy agent can help you solve many things. He can help you purchase the products you want and negotiate a suitable price. It also saves you a lot of trouble in communication, and you no longer need to hold a translation machine or translation dictionary. NS. Of course, these agency services will charge a certain fee, and you need to negotiate.

4. Pick the right product. With the help of Yiwu procurement agents, you can quickly find the high-quality products you need on the Yiwu market. There is a saying in China called “shop around”. You need to visit different shops and booths and compare them before you can choose your favorite products.

5. Organize foreign trade and transportation. After placing the order and purchasing the required products, you need to store your goods in the Yiwu warehouse, and you need a transportation company to transport you back to your country, so the agency company is also a good choice, they can help you deal with it from the warehouse/store All the processes of purchasing goods, even if you are not in Yiwu, Yiwu’s agency can help you communicate and complete your purchasing needs.

Benefits and precautions of cooperating with Yiwu procurement agent

The Yiwu purchasing agent mentioned above sounds very good, let’s take a closer look at the benefits and precautions of cooperation with the Yiwu purchasing agent.

First of all, Yiwu procurement agents can find a trustworthy agent for you. Compared with hiring a private agent, the service price is lower and more trustworthy.

The purchasing agent will provide you with all the services of the Yiwu wholesale market, which will save you a lot of time and money.

Purchasing agents will find reliable suppliers according to your needs, and they will provide suitable prices and high-quality products.

The purchasing agent will carry out quality inspections on the products before entering the warehouse.

The sourcing agent will also be responsible for helping you manage the warehouse and transport the purchased products from the warehouse to the destination.

Precautions:

There are a lot of sourcing agents in the Yiwu market, and there are also many people who pretend to be agents, falsely claiming that they are familiar with the Yiwu market and have sufficient supplier resources to defraud your agency fees or deposits.

Yiwu Exhibition

As the “Purchasing Capital”, Yiwu will naturally have many exhibitions. The most famous is the Yiwu Small Commodities Fair (Yiwu Fair).

Yiwu Fair was established in 1995 with the approval of the State Council. It is one of the largest, most influential and most effective consumer goods exhibitions in Asia and China. It is also one of the three major export commodity exhibitions sponsored by the Ministry of Commerce of China. It is also the preferred import and export exhibition and trade platform for outstanding Chinese enterprises. It is an international exhibition where standard elements are implanted in China, and it has been certified by the UFI professional authority of the International Exhibition Alliance.

organizer:

Ministry of Commerce of the People’s Republic of China, Zhejiang Provincial People’s Government, China Council for the Promotion of International Trade, China National Light Industry Council, China Federation of Commerce

Exhibition scale:

Exhibition area: 100000 square meters

International standard booths: 3,600

High-quality exhibitors: 2000

Professional audience: 50,000 people

Range of exhibition:

Kitchen supplies, daily necessities, toys, holiday gifts, hardware tools, clothing and hats knitting, sports and outdoor leisure products, construction hardware, craft accessories, electronic appliances, cultural office, etc.

Yiwu Online Procurement

It will definitely take you at least two months to come to Yiwu to purchase. It is definitely impossible to run outside every day. If you want to purchase goods directly at home, you can choose to browse or information online. Here are the three most commonly used ones. Great purchase website.

1.unionsourcechina.com

Yousheng International Trading has the strongest supply chain in the market. It is one of the branches of Xaar Group with the largest variety of daily necessities. They specialize in daily necessities such as kitchen supplies, drinking utensils, holiday gifts, artificial flowers, underwear and clothing, bags, and gloves. The group has nearly 2,000 employees. Foreign trade service experience has been more than 23 years. On this website, you can find the small commodities you need to purchase anytime, anywhere.

2.yiwubuying.com

Yiwubuying has more than 5,000 cooperative factories and is also one of the largest trading companies in Yiwu, China.

On their website, you can choose products of different categories. They also pay more attention to service. Most of the customers who just come to Yiwu want to purchase will find their information online.

3.yiwugo.com

Yiwugou can learn about the product distribution of the Yiwu market online and has a very detailed introduction. Here, you can walk all the shops in the five districts of Yiwu International Trade City without going out.

Subscribe and Stay Updated

We write new blogs and share our insights on China sourcing and manufacturing regularly.

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn

Leave a Reply

Your email address will not be published.

Related Blogs

Related Blogs

Top

Tell us What You Need

No upfront charges, no experience needed. We will guide you step by step.